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LONDON - Amazing AI plc (AQSE:AAI) announced Tuesday that trading of its ordinary shares will resume on the Access Segment of the AQSE Growth Market at 12:00 p.m., following a temporary suspension.
The global fintech group, which specializes in online consumer loans, is in the final stages of client onboarding with an established bitcoin custodian, according to a company press release. This follows an earlier announcement made on June 27.
Amazing AI clarified that the selected custodian will only provide bitcoin custodial and spot trading services, emphasizing that it will not utilize any leverage services that the custodian offers. The company stated that the custodian employs industry standard cold wallet storage and bank-grade vaults for security.
The company also confirmed it will comply with the Financial Conduct Authority’s rules under COBS 22.6, which prohibit the marketing, distribution, or sale of crypto asset derivatives or exchange traded notes to retail investors.
Amazing AI indicated it will continue monitoring the UK regulatory landscape regarding crypto assets and will seek appropriate legal advice before initiating any other services offered by the custodian.
The announcement was classified as containing inside information for the purposes of the UK Market Abuse Regulation, with the company’s directors accepting responsibility for its contents.
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